BITMEX:XBT   Bitcoin / U.S. Dollar Index
I still have bullish bias on this one! Still expecting the target of the last triangle I posted to be reached (as the height of the triangle hasn't changed since then). Happy to be wrong though. I believe the next break up or down won't be a fake out as the triangle seems to be coming to a conclusion.
Comment: Zooming in to the hourly. This red line needs to hold. Preferably holding before that at around the .786 - .95 retrace of the smaller scale wave we have had thus far.
Comment: It would probably need to look something like this.


we already broke the resistance of the triangle
+1 Reply
I like the chart but dont agree with bounce - Inverted
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